In every success story of pinboard, I'm very surprised to see how people are impressed from a carbon copy.
Let me introduce myself: I'm a guy who bookmarks everyday for 5 years, on delicious. After the Yahoo acquire, it was redesigned.
And I was annoyed. I started looking at the alternatives. Most of them were crappy except Pinboard. It was a good copy of old Delicious.
And I decided to use it just because it was a good copy of Delicious!
Then, I noticed that Pinboard is not free. And what it provides is nothing but keeping some text on a database. Same idea, almost same design but it's not free. Let the owner explain why it's not free: it's unsocial. and it'll be online unless a 90% percent of users keep paying it.
It's not ethical, Pinboard. If I think that it's not a waste of time, I'll code some scripts to store bookmarks in Dropbox for your users. It'll be under WTF PL license so that you can sell it.